Multiple Choice
The effect of the financial crisis of 2008-2009 on the real economy in the United States was a(n) _____ in aggregate demand, a(n) _____ in output, and a(n) _________ in the unemployment rate.
A) increase; increase; increase
B) decrease; decrease; decrease
C) decrease; increase; increase
D) decrease; decrease; increase
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Provide specific examples from the 2008-2009 financial
Q19: Illiquid financial institutions:<br>A) have assets that are
Q20: The precipitous fall in the price of
Q21: Deposit insurance is an example of _
Q22: Ideally, the purpose of providing funds to
Q24: An indicator of the increased lack of
Q25: Issuing bonds is called _ financing, while
Q26: Financial markets allow savers to:<br>A) eliminate risk.<br>B)
Q27: A dislike of randomness in economic circumstances
Q28: Risk aversion is a dislike of:<br>A) paying